Ferrovial SE (NASDAQ:FER) Shares Sold by Ausbil Investment Management Ltd

Ausbil Investment Management Ltd lessened its holdings in Ferrovial SE (NASDAQ:FER) by 41.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 126,822 shares of the company’s stock after selling 88,294 shares during the period. Ferrovial makes up 3.2% of Ausbil Investment Management Ltd’s investment portfolio, making the stock its 10th largest position. Ausbil Investment Management Ltd’s holdings in Ferrovial were worth $5,295,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Metis Global Partners LLC lifted its position in Ferrovial by 2.1% in the third quarter. Metis Global Partners LLC now owns 67,569 shares of the company’s stock valued at $2,902,000 after buying an additional 1,390 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Ferrovial in the 4th quarter valued at approximately $101,000. Crossmark Global Holdings Inc. lifted its holdings in shares of Ferrovial by 17.8% in the 4th quarter. Crossmark Global Holdings Inc. now owns 22,517 shares of the company’s stock worth $947,000 after acquiring an additional 3,407 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Ferrovial by 1.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 289,940 shares of the company’s stock worth $12,484,000 after purchasing an additional 3,828 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in Ferrovial by 27.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 32,187 shares of the company’s stock valued at $1,386,000 after purchasing an additional 6,834 shares during the last quarter. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FER has been the topic of a number of research reports. Bank of America upgraded Ferrovial from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada upgraded Ferrovial to a “hold” rating in a report on Tuesday, November 12th.

Ferrovial Trading Down 1.5 %

Ferrovial stock opened at $42.93 on Friday. Ferrovial SE has a 52-week low of $35.30 and a 52-week high of $48.29. The company’s 50 day moving average is $42.18 and its two-hundred day moving average is $41.38.

Ferrovial Cuts Dividend

The business also recently disclosed a — dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 16th were paid a $0.0366 dividend. The ex-dividend date of this dividend was Monday, December 16th.

Ferrovial Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.